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Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.
News

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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News

Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.
News

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.
News

75 Nigerians Lose Over N100 Million to Port Harcourt Doctor Who Promised Them Canada

Victims sold property, rented out their homes and borrowed heavily, paying up to N12 million each for Canadian visas that never existed.
Politics

Cross River Sports Forms 2027 Support Group for Tinubu, Otu

Cross River State's Sports Commission has set up a grassroots political support group, tasking its members and 18 LGA coordinators with rallying votes for President Tinubu and Governor Bassey Otu in 2027.

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